The high-rise building company uses 400000 tons of stone


The High-Rise Building Company uses 400,000 tons of stone per year. The carrying costs are $100/ton. The cost per order is $500.

a. Calculate the optimal number of orders per year.

b. Calculate the optimal annual order costs.

c. Calculate the total costs of optimal inventory.

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Business Economics: The high-rise building company uses 400000 tons of stone
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